Boeing's engineers union backs latest contract offer

According to Business Recorder, SPEEA, which represents Boeing's engineers and technical employees, announced on Wednesday that it is urging members to accept the company's latest contract proposal. The agreement was reached earlier this month and runs for four years. It offers larger general pay raises than the earlier proposal, which members turned down in a vote held on August 21.

The union's recommendation signals backing for the revised terms. Members had voted against that earlier package, and the new version carries higher general wage increases. Business Recorder also carried a separate headline stating that Boeing and Korean Air have finalised an order for 103 aircraft. The source does not yet report the result of any member vote on the new offer.